Sea Lane Security of Oil and Liquefied Natural Gas in the East Asia Summit Region
Kimura, Shigeru; Morikawa, Tetsuo; Singh, Siddharth | November 2016
Abstract
The Energy Research Institute Network (ERIN) is a group of energy research institutes in the East Asia Summit (EAS) region. It was set up in September 2014 to discuss regional energy issues including the significant increase of energy demand due to stable economic growth. According to the ERIA report Energy Outlook 2015, oil and gas, especially liquefied natural gas (LNG) will continue to be an important fuel in 2040, and the supply of oil and LNG will depend on regions such as the Middle East and Africa. In this regard, ERIN chose the sea lane security of oil and LNG for Asia as one of its energy research projects in 2015.
This study consists of three parts: (a) forecasting future oil and LNG trade to assess congestion of choke points such as the Malacca and Singapore Straits, (b) analysis of sea lane risks such as piracy and congestion and extracting countermeasures, (c) country views on sea lane security. For this, ERIA requested The Institute of Energy Economics, Japan (IEEJ) and The Energy and Resources Institute (TERI) to conduct (a) and (b) respectively and formulate a working group to consist of several EAS countries for an overview of IEEJ’s and TERI’s research results and preparation of country views on sea lane security.
Citation
Kimura, Shigeru; Morikawa, Tetsuo; Singh, Siddharth. 2016. Sea Lane Security of Oil and Liquefied Natural Gas in the East Asia Summit Region. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/10893.Keywords
Transport
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Trade Agreements
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Finance And Trade
Demand For Transport
Road & Highway Transport
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Transport time
Sea Transport
Transport Costs
Transport Efficiency
Transport Infrastructure
Transport Planning
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Transport Services
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Transportation
Economic integration
Energy
Import volume
Export volume
Access to markets
Economic agreements
Trade financing
Regional integration
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Land transport
Transport economics
Railways
Modes of transport
Airports
Ports
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Vehicle
Automobile industry
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Inland transport
International transport
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Transport projects
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Markets
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Economic conditions
New agricultural enterprises
Consumer goods
Road transportation
Trucking
Trade flow
Inland water transportation
Intercoastal shipping
Marine transportation
Trade routes
Chokepoints
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